
10 June 2024 | 0 replies
.- Adjusted Purchase Price/ Max Bid: $210,840.80- I start with the 1% rule (thus why I start the analysis by looking at rent) and then adjust the price based on the potential pay-out from a cash-out refi and equity position on the property- more on this in a second. - Potential Investor payout (15%): $242,466 - Rehab total: $76,480.00- I just used $40/ sqft for an estimate.

10 June 2024 | 6 replies
Adjust for vacancy with you not being able to rent it out during that time as well.

12 June 2024 | 57 replies
Data migration is a costly exercise and many times very labor intensive.

10 June 2024 | 4 replies
You would have to contact the current housing committee and fill out a rent adjustment form, if approved the portion between the housing committee and the tenant depends on what the tenants income and ability to pay and all of that will be listed on the confirmation

12 June 2024 | 23 replies
If anything, I've noticed a small price adjustment in slightly lower list prices, but it's hard to tell when you're waiting for a trend to occur whether a handful of new listings now represent the entire market as a whole.

9 June 2024 | 3 replies
In Gary Keller’s book, Shift, he lists 25 creative options that are most common, but barely scratch the surface:- Seller Contributions- Seller-Funded Permanent Buydown- Seller-Funded Temporary Buydown- Owner Financing- Contract For Deed- Seller Second Lease Option And Lease Purchase- Seller-Assisted Down Payment- Wraparound And Assumable Mortgage- Gift Funding- Selling And Refinancing Existing Assets- Non-Occupied Co-Borrowers- Using 401(K)- Temporary IRA Transfer- Pledged Asset Mortgage- Equity Transfer And Bridge Loan- Employer-Assisted Mortgage- Lender-Funded Buydown- Fannie Mae’s “My Community Mortgage”- Running Scenarios With Automated Underwriting Systems- Adjusting Amortization Period To Lower Payment- Adjusting Interest Rates To Cover Closing Costs- State, Province, And Local Grant Or Bond Programs- Mortgage Credit Certificate- Private LendingHe said these options barely scratch the surface.

12 June 2024 | 17 replies
Check what others are doing in your market and adjust, if necessary.

10 June 2024 | 19 replies
However, this is pretty much doing a BRRRR now which I've never done, don't have the time and is capital intensive (plus, I'm out of town) which doesn't seem too appealing.While I could just weather out the cashflow and bank on the appreciation over time, I feel my return on equity is poor, and that equity can be put elsewhere to be more productive.
10 June 2024 | 8 replies
You can adjust the formula according to your area.

11 June 2024 | 30 replies
We have great weather so it's an easier adjustment coming from LA.